| Metric | Q4 2022 | Q3 2022 | Q4 2021 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $66M | $56M | $30M | 17.2% | 119.8% |
| Op. Income | -$71M | -$67M | -$37M | -5.5% | -91.9% |
| Gross Margin | 63.1% | 63.7% | 53.7% | -0.6pp | 9.4pp |
| Net Margin | -109.3% | -122.5% | -126.7% | 13.2pp | 17.4pp |
| EPS (Diluted) | $-0.27 | $-0.26 | $-0.18 | -3.8% | -50.0% |
| Free Cash Flow | -$7M | -$21M | -$26M | 65.3% | 71.3% |
| Item | Amount |
|---|---|
| REVENUE | $66M |
| Cost of Revenue | $24M |
| GROSS PROFIT | $41M |
| R&D Expenses | $43M |
| Selling & Marketing | $42M |
| General & Administrative | $28M |
| SG&A Expenses | $70M |
| Other Expenses | -$259.0K |
| Operating Expenses | $112M |
| Cost & Expenses | $137M |
| OPERATING INCOME | -$71M |
| Interest Income | $59.0K |
| Interest Expense | $2.0K |
| Other Income/Expenses | -$202.0K |
| INCOME BEFORE TAX | -$71M |
| Income Tax Expense | $416.0K |
| Net Income from Continuing Ops | -$72M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | -$72M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | -$72M |
| D&A | $2M |
| EBIT | -$71M |
| EBITDA | -$69M |
| EPS | -$0 |
| EPS Diluted | -$0 |
| Item | Amount |
|---|---|
| Net Income | -$72M |
| Depreciation & Amortization | $2M |
| Stock-Based Compensation | $26M |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | $6M |
| Change in Working Capital | $32M |
| OPERATING CASH FLOW | -$6M |
| Capital Expenditure | -$2M |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | -$7M |
| NET CASH FROM INVESTING | -$8M |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $17M |
| NET CASH FROM FINANCING | $17M |
| FREE CASH FLOW | -$7M |
| Net Change in Cash | $4M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $1.7B |
| Short-Term Investments | $374.0K |
| Net Receivables | $101M |
| Inventory | $28M |
| Other Current Assets | $0 |
| TOTAL CURRENT ASSETS | $1.8B |
| PP&E (Net) | $49M |
| Goodwill | $108M |
| Intangible Assets | $16M |
| Long-Term Investments | $6M |
| Tax Assets | -$6M |
| Other Non-Current Assets | $52M |
| TOTAL NON-CURRENT ASSETS | $225M |
| TOTAL ASSETS | $2.0B |
| Account Payables | $10M |
| Short-Term Debt | $0 |
| Deferred Revenue | $183M |
| Other Current Liabilities | $0 |
| TOTAL CURRENT LIABILITIES | $281M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $79M |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $7M |
| TOTAL NON-CURRENT LIABILITIES | $110M |
| TOTAL LIABILITIES | $391M |
| Common Stock | $27.0K |
| Additional Paid-In Capital | $2.3B |
| Retained Earnings | -$622M |
| Treasury Stock | $0 |
| Accum. Other Comp. Income | $454.0K |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $1.7B |
| Minority Interest | $0 |
| TOTAL EQUITY | $1.7B |
| TOTAL LIABILITIES & EQUITY | $2.0B |
| Total Debt | $29M |
| Net Debt | -$1.6B |
